Eastman Outdoors, Inc.●Freerein LLC
3476 Eastman Dr. Flushing MI 484331-810-733-6360Fax 1-810-720-8787
CREDIT APPLICATION AND PURCHASE TERMS AGREEMENT
Note: Eastman Outdoors, Inc. and Freerein LLC. are independent operating companies that utilize a common Finance/Accounting Department. If your Credit Application is approved, you will be assigned a separate accountnumber for each of Eastman Outdoors, Inc. and Freerein LLC.
TO APPLY FOR AN ACCOUNT, PLEASE SUBMIT ALL OF THE FOLLOWING INFORMATION:
- This application must be completed and signed by an officer/owner of the company.
- A copy of your business/state sales tax license.
- A copy of a form of advertising: (business card, copy of phonebook listing, newspaper ad, etc.)
- Provide a photograph of your business.
THIS APPLICATION AND ANY ORDER ACCOMPYING THIS APPLICATION WILL BE PUT ON HOLD IF ALL REQUESTED INFORMATION IS NOT PROVIDED.
PAYMENT TERMS REQUESTED: CODPREPAY CREDIT______
CREDIT LIMIT REQUESTED $______
COMPANY NAME:
BILLING (MAILING) ADDRESS:
CITY, STATE, ZIP:
SHIPPING ADDRESS:
CITY, STATE, ZIP:
WEBSITE ADDRESS:
BUSINESS/TAX LICENSE#:*NUMBER OF YEARS IN BUSINESS:
*IF YOUR BUSINESS IS LESS THAN 2 YEARS OLD, YOU MUST SIGN THE PERSONAL GUARANTY TO BE CONSIDERED
FOR AN OPEN LINE OF CREDIT.
TYPE OF PRODUCTS SOLD______
BUSINESS LOCATION:Community Bldg:Part of HomeBldg on Premise
NORMAL BUSINESS HOURS:
TOTAL RETAIL SPACE (sq. ft.)# OfEmployees: Full-TimePart-time
AVERAGE INVENTORY DOLLARS:ANNUAL SALES:
TYPE OF BUSINESS: PROPRIETORSHIPPARTNERSHIPCORPORATION
OTHER
FEDERAL IDENTIFICATION #______
ISTHECOMPANY AFFILIATED WITH A BUY GROUP ASSOCIATION (CIRCLE ONE)? YES NO
IF YES, PLEASE PROVIDE BUY GROUP NAME AND MEMBER NUMBER .
IF SOLE PROPRIETORSHIP OR PARTNERSHIP PLEASE LIST NAME OF OWNERS:
(NAME)(TITLE)(ADDRESS)
(NAME)(TITLE)(ADDRESS)
Has the company or any of its principals/owners and or guarantors been involved in a bankruptcy proceeding (circle one)? YES NO
If yes, please describe the circumstances______
______
BUSINESS PHONE#FAX#
OWNER NAME:
OWNER RESIDENCE ADDRESS:
RESIDENCE PHONE#
BUYER NAME AND CONTACT #
BUYER EMAIL:
ACCOUNTS PAYABLE NAME & CONTACT #
ACCOUNTS PAYABLE EMAIL:
TRADE REFERENCES
PLEASE LIST 4 REFERENCES WITH WHOM YOU HAVE DONE BUSINESS ON CREDIT TERMS FOR AT LEAST SIX MONTHS
NAMECONTACT PERSON
PHONE#FAX#
NAMECONTACT PERSON
PHONE#FAX#
NAMECONTACT PERSON
PHONE#FAX#
NAMECONTACT PERSON
PHONE#FAX#
BANK NAMECONTACT PERSON
PHONE#FAX#
ACCOUNT #______
Freerein LLC*EASTMAN OUTDOORS, INC.*
200 E. Ohio Street #510 3476 Eastman Drive
Chicago, IL 60611 Flushing, MI 48433
Phone: 1-312-822-0277 Fax: 1-312-822-0280Phone: 1-810-733-6360 Fax: 1-810-720-8787
UNIFIED CREDIT APPLICATION AND AGREEMENT
TO ACTIVATE YOUR ACCOUNT, PLEASE SIGN AND RETURN THIS DOCUMENT:
APPLICANT HEREBY AGREES THAT ALL PURCHASES MADE ARE SUBJECT
TO THE FOLLOWING TERMS & CONDITIONS:
1. I hereby certify that I have the authority to apply for credit on behalf ofApplicant identified below and the Applicant hereby authorizes Freerein LLC and/or Eastman Outdoors, Inc. (each, a “Creditor” or together, the “Creditors”) to investigate Applicant’s credithistory, bank references and any other sources of information deemed necessaryto extend credit as allowed by the Federal Fair Credit Reporting Act and applicableState law, or international treaty. Credit decisions by each Creditor are made independently and acceptance of Applicant’s credit by one Creditor does not obligate the other Creditor to extend credit to Applicant.
2. Applicantwill obey all laws, including withoutlimitation, the U.S. Foreign Corrupt Practices Act and the Export AdministrationAct, if applicable.
3. All sales are considered final. Returns, other than for defective product, are at thesole discretion of the applicable Creditor and require a return authorization number (RA)from Creditors’ customer service department.
4. Authorized returns, excluding defective product and errors on the part of a Creditor, will be assessed a 15% restocking charge.
5. Applicant agrees to pay invoices in accordance with the Creditors’ terms ofsale, which are Net 30 Days from date of invoice unless specified otherwise oninvoice.
6. Applicant shall be responsible to pay to the applicable Creditor a service charge of1.5% per month (which equals 18% per annum) or the highest rate permitted bylaw, on any unpaid balance due over thirty (30) days.
7. Applicant is responsible for all costs of collection including reasonableattorneys’ fees incurred by a Creditor in collecting any amounts due it or enforcingits rights.
8. Applicant hereby gives a purchase money security interest to the applicable Creditor in all productspurchased from the Creditor (now owned and hereafter acquired) to securepayment of any account balance owed.
9. Applicant agrees to immediately notify Creditors’ customer servicedepartment of all shortages, price discrepancies or freight disputes.
10. A $5.00 MINIMUM ORDER FEE will be added to all orders under $100.00.
11. Applicant acknowledgesand agrees that a service charge of $25 will be payable by Applicant for
each check returned for insufficient funds.
12. Creditor reserves the right to discontinue credit if the above terms and conditions are not met.
______
Company Name (“Applicant”) Billing Address City, State, Zip
______
Authorized Signature of Officer / Owner Please Print Name and Title Date
*Note: Eastman Outdoors, Inc. and Freerein LLC are independent,separate companies that utilize a commonFinance/Accounting Department. If your credit is approved and this Credit Application accepted, Applicant will be assigned a separate accountnumber for each of Eastman Outdoors, Inc. and Freerein LLC.
PERSONAL GUARANTEE OF INDEBTEDNESS **
To induce either or both of Eastman Outdoors, Inc. and Freerein LLC. (each hereinafter the “Seller”) to approve this Credit Application and Purchase Terms Agreement with the above applicant (hereinafter the “Debtor”) and in consideration of its so doing, the undersigned guarantor(s) does/do hereby jointly, severally, and personally guarantee all sums which may be owed by the Debtor to the Seller and performance of all the terms of the purchase by the Debtor.
Seller may enforce this agreement against the undersigned guarantor(s) or any of them,jointly or severally, whether or not any action is ever taken by it against the above Debtor.
The liability of the guarantor(s) shall be primary and shall not be affected by the bankruptcy of the Debtor.
Guarantor’s Signatures
(DO NOT INSERT CORPORATE TITLES)
______
Signature (Personally and as an individual) Date Type or Print NameSocial Security #
______
Address
______
Signature (Personally and as an individual) Date Type or Print NameSocial Security #
______
Address
**AS PREVIOUSLY STATED IN CREDIT APPLICATION, IF YOUR COMPANY HAS BEEN IN BUSINESSS LESS THAN 2 YEARS, THE PERSONAL GUARANTEE MUST BE SIGNED TO BE CONSIDERED FOR CREDIT.
Completion of this application does not guarantee credit.